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September 01, 2020 1:41pm
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Week In Review: Shanghai Pharma Acquires Cardinal's China Drug Distribution Network For $1.2 Billion

Shanghai Pharma paid $1.2 billion to win the bidding war for Cardinal Health's China drug distribution operations. Cardinal was China's eighth-largest drug distribution company, with $3.5 billion in 2016 China revenues, while Shanghai Pharma is #3.
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